Gold Price in Pakistan vs XAUUSD: Converting Ounces to Tola and Grams

Key takeaways

• 1 troy ounce = 31.1035 g. 1 tola = 11.6638 g = 3/8 of a troy ounce. So one ounce is 2.6667 tola.
• Tola price (Rs) = XAUUSD × USD/PKR ÷ 2.6667. For 10 grams: XAUUSD × USD/PKR ÷ 3.11035.
• The rate you see in the news is set by the All Pakistan Sarafa Gems and Jewellers Association (APSGJA) and can sit above or below the plain conversion.
• XAUUSD is a 24-carat (99.99%) spot price. Jewellery is usually 22 carat and adds making charges.
• Our signals and levels are always in XAUUSD dollars per ounce, the price your broker shows.

The units

The troy ounce and the tola figures are from the Royal Mint's guide to metal weights. Some jewellers use "tola" loosely for 10 grams of 22-carat jewellery (PureJewels); the APSGJA rate uses the 11.66-gram tola.

The formula

1. Take the XAUUSD price in dollars per troy ounce.
2. Multiply by the USD/PKR rate to get rupees per ounce.
3. Divide by 2.6667 for rupees per tola, or by 3.11035 for rupees per 10 grams.

Worked example: Monday 26 October 2026

The same day, spot gold was $4,018.81 at 15:43 GMT and the December gold future was $4,033.60 (Express Tribune), so the dollar price you plug in matters too. Use the price at the time you compare, not the morning's.

Why the Sarafa rate is different

• Rupee rate. The local market prices gold with the dollar it actually pays for imports, which is often above the inter-bank rate. Working backwards, Monday's APSGJA tola rate implies about Rs281.7 per dollar.
• Timing. APSGJA announces one rate a day; XAUUSD moves every second. A big move after the announcement shows up the next day.
• Premium or discount. Local demand, import costs and taxes add a premium on some days and a discount on others.
• Purity and making charges. The headline rate is 24 carat. A 22-carat jewellery price is lower per gram of metal but adds making charges.

What this means for traders

Spot gold (XAUUSD) at a broker is the international price in dollars per ounce, so every level on FXD, such as a turning point at 4009 or a sell zone at 4040–4050, is in those units. A $10 move in XAUUSD is roughly Rs1,040 per tola at 276.81 rupees per dollar (10 × 276.81 ÷ 2.6667). To read a signal's entry, stop and targets, see how to read a gold trade signal. Today's levels are in the latest daily brief, and every result is on this week's signal results.

Sources

• Royal Mint, Metal weights explained (accessed 27 Oct 2026)
• The Nation, Gold price increases, 27 Oct 2026
• Express Tribune, Gold prices recover ahead of Fed decision, 27 Oct 2026
• PureJewels, Is the weight of a tola the same worldwide? (accessed 27 Oct 2026)

Education only, not financial advice. Gold rates change during the day; check the latest APSGJA rate before you buy or sell physical gold.